Stora Enso To Pay $8M To End Paper Antitrust MDL

Law360, New York (August 19, 2013, 8:46 PM EDT) -- Finnish paper company Stora Enso Oyj has agreed to pay $8 million to resolve a class action claiming that its former North American subsidiary, now a unit of the recently reorganized NewPage Holding Corp., conspired with a rival paper producer to fix prices, the plaintiffs said Monday.

A group of companies that bought publication paper, which is used in magazines and other printed materials, moved Monday for preliminary approval of the settlement inked in July, saying the $8 million payment was a good result given the...
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